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Topic: [ANN][PURE][X11] PURECOIN - new Visa card sample - page 47. (Read 95590 times)

sr. member
Activity: 280
Merit: 250
http://pure.zmtpool.com was shut down because of the chain problem
We are very sorry for this unwanted issue
sr. member
Activity: 462
Merit: 250

Look at dedicatedpool's block statistics, every single block was mined on their pool for the first 98 blocks(!!!), including blocks 1 and 2. For any pool operator this should ring alarm bell that something is fishy about their blockchain. However, dedicatepool insisted that they are on the correct blockchain and used their reputation to force everyone to jump on their incorrect blockchain, thereby stealing the premine (I am not saying they did it because of the premine, probably they did it to get as much hashrate as possible, but this is reckless behavior).
Transaction that I gave above are from the alternative chain that is now not accepted by community and that shows what dev's premine address is, as block 1 and 2 went to this address. In order to see these transactions you would have to download that blockchain by using OP nodes and don't sync with dedicatedpool.

Blocks 1-60 were part of the premine. They went to the DEV PREMINE ADDRESS (look at the picture of the wallet in the OP).

After the premine was done, sure dedicated probably made a pretty decent headstart on the mining, but they didn't do anything as you are suggesting.
This was supposed to be, however dedicatedpool jumped start on the blockchain before nodes were up and running and they mined every single block for the first 98 blocks!!! Take a look at block statistics for dedicatedpool
http://pure.v2.dedicatedpool.com/index.php?page=statistics&action=blocks&height=13&next=1
As you can see block 2 of 250k was also mined on dedicatedpool and EVERY SINGLE BLOCK FROM BLOCK 1 UNTIL BLOCK 98.
Every honest pool operator would notice that something is wrong with his blockchain when you are the only one on it but binaryclock insisted that dedicatedpool was on the correct blockchain and used his reputation to force everyone to use their forked blockchain.
sr. member
Activity: 280
Merit: 250

Look at dedicatedpool's block statistics, every single block was mined on their pool for the first 98 blocks(!!!), including blocks 1 and 2. For any pool operator this should ring alarm bell that something is fishy about their blockchain. However, dedicatepool insisted that they are on the correct blockchain and used their reputation to force everyone to jump on their incorrect blockchain, thereby stealing the premine (I am not saying they did it because of the premine, probably they did it to get as much hashrate as possible, but this is reckless behavior).
Transaction that I gave above are from the alternative chain that is now not accepted by community and that shows what dev's premine address is, as block 1 and 2 went to this address. In order to see these transactions you would have to download that blockchain by using OP nodes and don't sync with dedicatedpool.

Blocks 1-60 were part of the premine. They went to the DEV PREMINE ADDRESS (look at the picture of the wallet in the OP).

After the premine was done, sure dedicated probably made a pretty decent headstart on the mining, but they didn't do anything as you are suggesting.

Hmmmm and Hashharder we on the original fork till almost now.......
legendary
Activity: 952
Merit: 1000
I'm sorry if that were even true it means that the developer didn't do what they were supposed to and actually premine the premine.  Also if dedicated took the premine block they would have a hell of a lot more than 250K coins.  Please stop defending the developer.  If they were stupid enough to allow dedicated to start when they hadn't premined then they are too clueless to run a coin.

Soul_eater, 250K is exactly the 2.5% premine at 10mil coins.  You are saying other misleading things as well.

Actually the premine would be in the first block.  Dedicated mined a lot more than just one block.  So actually get your facts straight.  Anyway I'm not here to defend dedicated.  You are free too take it up with them and if you want to blindly go on trusting the developer and saying this is the fault the one pool that seemed to be getting things right then that is up to you.  I have already wasted enough on this fiasco.  Some people just can't see the truth if it is staring them in the face.
Blocks 1 and 2 were supposed to be part of the premine, I suppose. Block 1 with 1 coin reward as a test block and block 2 with 250k coins reward. Both blocks were mined by dedicatedpool. If you look at alternative chain, the one that should be the correct chain and the one that you can get by deleting dedicatedpool's chain and syncing again you would see that blocks 1 and 2 had one transaction each with transaction ids:
7e8e940921208a2632562d121891a2ae91f09d56628f3b982eb55c6cba6ba666
c5ca2717740dc4054d8a0b068b1a29f176fa33a04b2f3b7ce4b8a561257248ed
the recipient address for both of these transactions is: LiYzgezkovGYve8dk1g8ifxochXEBTWanB
Which, I believe, is the dev's premine address. This blockchain is rougly 110 blocks behind dedicatedpool's chain.

How do you know those went to Dedicated Pool and not the developer- unless dedicated show you can access their wallet or indeed the developer's wallet you can't be sure who took the coins?  Anyway I'm bored with the minutiae of it.  Whoever is at fault - I'm out of it and I'm not getting involved in this coin or with this developer again.  If evidence emerges that Dedicated Pool were knowingly part of the scam then I will be avoiding them too but I've mined many other coins with them in the past and there were no irregularities in those cases.
Look at dedicatedpool's block statistics, every single block was mined on their pool for the first 98 blocks(!!!), including blocks 1 and 2. For any pool operator this should ring alarm bell that something is fishy about their blockchain. However, dedicatepool insisted that they are on the correct blockchain and used their reputation to force everyone to jump on their incorrect blockchain, thereby stealing the premine (I am not saying they did it because of the premine, probably they did it to get as much hashrate as possible, but this is reckless behavior).
Transaction that I gave above are from the alternative chain that is now not accepted by community and that shows what dev's premine address is, as block 1 and 2 went to this address. In order to see these transactions you would have to download that blockchain by using OP nodes and don't sync with dedicatedpool.

Hey I'm not saying you are lying but we don't know what happened with the coins.  According to "TheCoinFinder" the developer was working with the pool and they paid the premine to the pool.  Anyway I'm not sure what to believe anymore.  I just know I didn't do anything wrong and got screwed again:(
legendary
Activity: 938
Merit: 1001

Look at dedicatedpool's block statistics, every single block was mined on their pool for the first 98 blocks(!!!), including blocks 1 and 2. For any pool operator this should ring alarm bell that something is fishy about their blockchain. However, dedicatepool insisted that they are on the correct blockchain and used their reputation to force everyone to jump on their incorrect blockchain, thereby stealing the premine (I am not saying they did it because of the premine, probably they did it to get as much hashrate as possible, but this is reckless behavior).
Transaction that I gave above are from the alternative chain that is now not accepted by community and that shows what dev's premine address is, as block 1 and 2 went to this address. In order to see these transactions you would have to download that blockchain by using OP nodes and don't sync with dedicatedpool.

Blocks 1-60 were part of the premine. They went to the DEV PREMINE ADDRESS (look at the picture of the wallet in the OP).

After the premine was done, sure dedicated probably made a pretty decent headstart on the mining, but they didn't do anything as you are suggesting.
sr. member
Activity: 462
Merit: 250
I'm sorry if that were even true it means that the developer didn't do what they were supposed to and actually premine the premine.  Also if dedicated took the premine block they would have a hell of a lot more than 250K coins.  Please stop defending the developer.  If they were stupid enough to allow dedicated to start when they hadn't premined then they are too clueless to run a coin.

Soul_eater, 250K is exactly the 2.5% premine at 10mil coins.  You are saying other misleading things as well.

Actually the premine would be in the first block.  Dedicated mined a lot more than just one block.  So actually get your facts straight.  Anyway I'm not here to defend dedicated.  You are free too take it up with them and if you want to blindly go on trusting the developer and saying this is the fault the one pool that seemed to be getting things right then that is up to you.  I have already wasted enough on this fiasco.  Some people just can't see the truth if it is staring them in the face.
Blocks 1 and 2 were supposed to be part of the premine, I suppose. Block 1 with 1 coin reward as a test block and block 2 with 250k coins reward. Both blocks were mined by dedicatedpool. If you look at alternative chain, the one that should be the correct chain and the one that you can get by deleting dedicatedpool's chain and syncing again you would see that blocks 1 and 2 had one transaction each with transaction ids:
7e8e940921208a2632562d121891a2ae91f09d56628f3b982eb55c6cba6ba666
c5ca2717740dc4054d8a0b068b1a29f176fa33a04b2f3b7ce4b8a561257248ed
the recipient address for both of these transactions is: LiYzgezkovGYve8dk1g8ifxochXEBTWanB
Which, I believe, is the dev's premine address. This blockchain is rougly 110 blocks behind dedicatedpool's chain.

How do you know those went to Dedicated Pool and not the developer- unless dedicated show you can access their wallet or indeed the developer's wallet you can't be sure who took the coins?  Anyway I'm bored with the minutiae of it.  Whoever is at fault - I'm out of it and I'm not getting involved in this coin or with this developer again.  If evidence emerges that Dedicated Pool were knowingly part of the scam then I will be avoiding them too but I've mined many other coins with them in the past and there were no irregularities in those cases.
Look at dedicatedpool's block statistics, every single block was mined on their pool for the first 98 blocks(!!!), including blocks 1 and 2. For any pool operator this should ring alarm bell that something is fishy about their blockchain. However, dedicatepool insisted that they are on the correct blockchain and used their reputation to force everyone to jump on their incorrect blockchain, thereby stealing the premine (I am not saying they did it because of the premine, probably they did it to get as much hashrate as possible, but this is reckless behavior).
Transaction that I gave above are from the alternative chain that is now not accepted by community and that shows what dev's premine address is, as block 1 and 2 went to this address. In order to see these transactions you would have to download that blockchain by using OP nodes and don't sync with dedicatedpool.
legendary
Activity: 938
Merit: 1001
People. Look at wallet pic in OP

Dev has premine on Longer fork.

Dev dumped premine on crypto-altex

Dev is now offline.

Its all in the blockchain 100% proof.


This is not true, dev doesn't have the premine on the longer fork, dev has the premine on the fork that is around 100 blocks behind dedicatedpool's chain.


The Longer Fork's Blockchain IS THE ONLY ONE to pay the premine to the Dev address.

Prove This Wrong

Eg: Dedicated have not stolen coins from the premine. Their fork PAID the dev his coins. Then it appears the dev cashed out on crypto-altex
sr. member
Activity: 280
Merit: 250
I'm sorry if that were even true it means that the developer didn't do what they were supposed to and actually premine the premine.  Also if dedicated took the premine block they would have a hell of a lot more than 250K coins.  Please stop defending the developer.  If they were stupid enough to allow dedicated to start when they hadn't premined then they are too clueless to run a coin.

Soul_eater, 250K is exactly the 2.5% premine at 10mil coins.  You are saying other misleading things as well.


Losing the premine was the dev fault but if dedicated pool dumped the 250k, that is just bad for business.  Threw their reputation down the drain for 1.5 btc.  Not the most honest pool anymore.

-tb-
dedicated has been doing shit like this for awhile now im hearing -------.I.--------
This is something which should be stated before any new launch where they participate. They don't play by the rules, they should be stopped playing.


the dev shouldnt post the source before launch,that is the problem,better for solo miners,and fair for everyone,one pools start to mine,they rule.This time the overruled the dev.
legendary
Activity: 1400
Merit: 1050
I'm sorry if that were even true it means that the developer didn't do what they were supposed to and actually premine the premine.  Also if dedicated took the premine block they would have a hell of a lot more than 250K coins.  Please stop defending the developer.  If they were stupid enough to allow dedicated to start when they hadn't premined then they are too clueless to run a coin.

Soul_eater, 250K is exactly the 2.5% premine at 10mil coins.  You are saying other misleading things as well.


Losing the premine was the dev fault but if dedicated pool dumped the 250k, that is just bad for business.  Threw their reputation down the drain for 1.5 btc.  Not the most honest pool anymore.

-tb-
dedicated has been doing shit like this for awhile now im hearing -------.I.--------
This is something which should be stated before any new launch where they participate. They don't play by the rules, they should be stopped playing.
sr. member
Activity: 280
Merit: 250
http://pure.v2.dedicatedpool.com/index.php?page=statistics&action=blocks&height=13&prev=1
Dedicated stole the premine, look at block 2. Their pool was working before the nodes were operational. None of the pools were running and noone was syncing apart from dedicated. People are accusing other pools for not being on the correct chain but it is dedicated who actually caused the forked and killed this coin.
In case dedicated removes this premine block here is the snapshot of their statistics page:
http://imageupper.com/i/?S0200010020013W140141042594656

Why do you people keep going with dedicatedpool - they've destroyed this coin and you keep trusting them... It is actually community's fault for having such trust in one pool.

They ceated their own chain , so if you go back to the lower chain with the nodes in the op posted by the dev
everyone will be on the right chain and coins in dedicatedpool will not be valid
Block 2 worth 250k coins was mined by dedicatedpool. This was supposed to be dev's premine! Why did people and other pools follow dedicated? This was a mistake.
Dedicatedpool was online before anyone else could even sync, the nodes were not reachable and yet the pool operator decided to go with the launch. This has nothing to do with having bigger hashrate but rather with being dishonest and not waiting for nodes to be online. Read the thread right after the launch, no one was able to sync but somehow dedicated started to mine immediately. For mechanical reasons dedicatedpool blockchain became longer as it was launched before anyone else could connect to the network. As a result - dev lost his premine.
I believe dev wasn't aware of any problems at the beginning as he was on non-dedicatedpool chain and he didn't see any problems (his premine was in place and everything seemed ok from his point of view). It is not dev's fault, it is the fault of dedicatedpool who was in a rush to take as much network hashrate as possible and launched his pool before the nodes were up.

OK now if you want to remain ignorant, that is your choosing. The dedicated pool was controlled by loljosh. As a matter of fact he IS the dedicated pool. They perpetrated the same scam on LibertyCoin with a 24hash.com pool that disappeared into thin air without having made but a few payouts to miners. Who had the rest of the mined coins? That's right, loljosh and his accomplice, Templar 77/ Carlos R. Torres Ferguson. Follow their trail, they have quite an active one full of skeletons of shit coins (scam jobs).



OK so if you are saying that these same people are behind dedicated pool what is your proof?  

 By the same token.. why do you defend them so hard?

Because I'm their lawyer!  Joking aside I'm just annoyed that the finger of blame isn't being pointed at the developer.

 No because you are defending a pool who has repeatedly stole in the past. You sound like their fucking lawyer.

I was not aware of them stealing in the past.  I am only speaking from my own experience.  If you have a problem with my opinion go fuck yourself (Oh you are already).



Haha,we all are.....anyway Good morning!
legendary
Activity: 952
Merit: 1000
This isnt anyones fault,everyone wants to be first,especially people like me-solo miners.The pools had more time to get prepared,and rushed the start,together with developer.
Anyway,mining runs well,so there are many people believing,the coin will be be a big sucess.Good luck ,I am out.

Agreed.  Me too:)
legendary
Activity: 952
Merit: 1000
http://pure.v2.dedicatedpool.com/index.php?page=statistics&action=blocks&height=13&prev=1
Dedicated stole the premine, look at block 2. Their pool was working before the nodes were operational. None of the pools were running and noone was syncing apart from dedicated. People are accusing other pools for not being on the correct chain but it is dedicated who actually caused the forked and killed this coin.
In case dedicated removes this premine block here is the snapshot of their statistics page:
http://imageupper.com/i/?S0200010020013W140141042594656

Why do you people keep going with dedicatedpool - they've destroyed this coin and you keep trusting them... It is actually community's fault for having such trust in one pool.

They ceated their own chain , so if you go back to the lower chain with the nodes in the op posted by the dev
everyone will be on the right chain and coins in dedicatedpool will not be valid
Block 2 worth 250k coins was mined by dedicatedpool. This was supposed to be dev's premine! Why did people and other pools follow dedicated? This was a mistake.
Dedicatedpool was online before anyone else could even sync, the nodes were not reachable and yet the pool operator decided to go with the launch. This has nothing to do with having bigger hashrate but rather with being dishonest and not waiting for nodes to be online. Read the thread right after the launch, no one was able to sync but somehow dedicated started to mine immediately. For mechanical reasons dedicatedpool blockchain became longer as it was launched before anyone else could connect to the network. As a result - dev lost his premine.
I believe dev wasn't aware of any problems at the beginning as he was on non-dedicatedpool chain and he didn't see any problems (his premine was in place and everything seemed ok from his point of view). It is not dev's fault, it is the fault of dedicatedpool who was in a rush to take as much network hashrate as possible and launched his pool before the nodes were up.

OK now if you want to remain ignorant, that is your choosing. The dedicated pool was controlled by loljosh. As a matter of fact he IS the dedicated pool. They perpetrated the same scam on LibertyCoin with a 24hash.com pool that disappeared into thin air without having made but a few payouts to miners. Who had the rest of the mined coins? That's right, loljosh and his accomplice, Templar 77/ Carlos R. Torres Ferguson. Follow their trail, they have quite an active one full of skeletons of shit coins (scam jobs).



OK so if you are saying that these same people are behind dedicated pool what is your proof?  

 By the same token.. why do you defend them so hard?

Because I'm their lawyer!  Joking aside I'm just annoyed that the finger of blame isn't being pointed at the developer.

 No because you are defending a pool who has repeatedly stole in the past. You sound like their fucking lawyer.

I was not aware of them stealing in the past.  I am only speaking from my own experience.  If you have a problem with my opinion go fuck yourself (Oh you are already).
legendary
Activity: 952
Merit: 1000
I'm sorry if that were even true it means that the developer didn't do what they were supposed to and actually premine the premine.  Also if dedicated took the premine block they would have a hell of a lot more than 250K coins.  Please stop defending the developer.  If they were stupid enough to allow dedicated to start when they hadn't premined then they are too clueless to run a coin.

Soul_eater, 250K is exactly the 2.5% premine at 10mil coins.  You are saying other misleading things as well.

Actually the premine would be in the first block.  Dedicated mined a lot more than just one block.  So actually get your facts straight.  Anyway I'm not here to defend dedicated.  You are free too take it up with them and if you want to blindly go on trusting the developer and saying this is the fault the one pool that seemed to be getting things right then that is up to you.  I have already wasted enough on this fiasco.  Some people just can't see the truth if it is staring them in the face.
Blocks 1 and 2 were supposed to be part of the premine, I suppose. Block 1 with 1 coin reward as a test block and block 2 with 250k coins reward. Both blocks were mined by dedicatedpool. If you look at alternative chain, the one that should be the correct chain and the one that you can get by deleting dedicatedpool's chain and syncing again you would see that blocks 1 and 2 had one transaction each with transaction ids:
7e8e940921208a2632562d121891a2ae91f09d56628f3b982eb55c6cba6ba666
c5ca2717740dc4054d8a0b068b1a29f176fa33a04b2f3b7ce4b8a561257248ed
the recipient address for both of these transactions is: LiYzgezkovGYve8dk1g8ifxochXEBTWanB
Which, I believe, is the dev's premine address. This blockchain is rougly 110 blocks behind dedicatedpool's chain.

How do you know those went to Dedicated Pool and not the developer- unless dedicated show you can access their wallet or indeed the developer's wallet you can't be sure who took the coins?  Anyway I'm bored with the minutiae of it.  Whoever is at fault - I'm out of it and I'm not getting involved in this coin or with this developer again.  If evidence emerges that Dedicated Pool were knowingly part of the scam then I will be avoiding them too but I've mined many other coins with them in the past and there were no irregularities in those cases.
sr. member
Activity: 462
Merit: 250
People. Look at wallet pic in OP

Dev has premine on Longer fork.

Dev dumped premine on crypto-altex

Dev is now offline.

Its all in the blockchain 100% proof.


This is not true, dev doesn't have the premine on the longer fork, dev has the premine on the fork that is around 100 blocks behind dedicatedpool's chain.

This isnt anyones fault,everyone wants to be first,especially people like me-solo miners.The pools had more time to get prepared,and rushed the start,together with developer.
Anyway,mining runs well,so there are many people believing,the coin will be be a big sucess.Good luck ,I am out.
Solo miner and well respected pool that is supposed to behave accordingly are two different things and you can't really compare them. This just shows that dedicatedpool is just another pool.
hero member
Activity: 838
Merit: 500
RELAUNCH
hero member
Activity: 686
Merit: 500
http://pure.v2.dedicatedpool.com/index.php?page=statistics&action=blocks&height=13&prev=1
Dedicated stole the premine, look at block 2. Their pool was working before the nodes were operational. None of the pools were running and noone was syncing apart from dedicated. People are accusing other pools for not being on the correct chain but it is dedicated who actually caused the forked and killed this coin.
In case dedicated removes this premine block here is the snapshot of their statistics page:
http://imageupper.com/i/?S0200010020013W140141042594656

Why do you people keep going with dedicatedpool - they've destroyed this coin and you keep trusting them... It is actually community's fault for having such trust in one pool.

They ceated their own chain , so if you go back to the lower chain with the nodes in the op posted by the dev
everyone will be on the right chain and coins in dedicatedpool will not be valid
Block 2 worth 250k coins was mined by dedicatedpool. This was supposed to be dev's premine! Why did people and other pools follow dedicated? This was a mistake.
Dedicatedpool was online before anyone else could even sync, the nodes were not reachable and yet the pool operator decided to go with the launch. This has nothing to do with having bigger hashrate but rather with being dishonest and not waiting for nodes to be online. Read the thread right after the launch, no one was able to sync but somehow dedicated started to mine immediately. For mechanical reasons dedicatedpool blockchain became longer as it was launched before anyone else could connect to the network. As a result - dev lost his premine.
I believe dev wasn't aware of any problems at the beginning as he was on non-dedicatedpool chain and he didn't see any problems (his premine was in place and everything seemed ok from his point of view). It is not dev's fault, it is the fault of dedicatedpool who was in a rush to take as much network hashrate as possible and launched his pool before the nodes were up.

OK now if you want to remain ignorant, that is your choosing. The dedicated pool was controlled by loljosh. As a matter of fact he IS the dedicated pool. They perpetrated the same scam on LibertyCoin with a 24hash.com pool that disappeared into thin air without having made but a few payouts to miners. Who had the rest of the mined coins? That's right, loljosh and his accomplice, Templar 77/ Carlos R. Torres Ferguson. Follow their trail, they have quite an active one full of skeletons of shit coins (scam jobs).



OK so if you are saying that these same people are behind dedicated pool what is your proof?  

 By the same token.. why do you defend them so hard?

Because I'm their lawyer!  Joking aside I'm just annoyed that the finger of blame isn't being pointed at the developer.

 No because you are defending a pool who has repeatedly stole in the past. You sound like their fucking lawyer.
hero member
Activity: 1778
Merit: 520
I'm sorry if that were even true it means that the developer didn't do what they were supposed to and actually premine the premine.  Also if dedicated took the premine block they would have a hell of a lot more than 250K coins.  Please stop defending the developer.  If they were stupid enough to allow dedicated to start when they hadn't premined then they are too clueless to run a coin.

Soul_eater, 250K is exactly the 2.5% premine at 10mil coins.  You are saying other misleading things as well.


Losing the premine was the dev fault but if dedicated pool dumped the 250k, that is just bad for business.  Threw their reputation down the drain for 1.5 btc.  Not the most honest pool anymore.

-tb-
dedicated has been doing shit like this for awhile now im hearing -------.I.--------
legendary
Activity: 1400
Merit: 1050
http://pure.v2.dedicatedpool.com/index.php?page=statistics&action=blocks&height=13&prev=1
Dedicated stole the premine, look at block 2. Their pool was working before the nodes were operational. None of the pools were running and noone was syncing apart from dedicated. People are accusing other pools for not being on the correct chain but it is dedicated who actually caused the forked and killed this coin.
In case dedicated removes this premine block here is the snapshot of their statistics page:
http://imageupper.com/i/?S0200010020013W140141042594656

Why do you people keep going with dedicatedpool - they've destroyed this coin and you keep trusting them... It is actually community's fault for having such trust in one pool.

They ceated their own chain , so if you go back to the lower chain with the nodes in the op posted by the dev
everyone will be on the right chain and coins in dedicatedpool will not be valid
Block 2 worth 250k coins was mined by dedicatedpool. This was supposed to be dev's premine! Why did people and other pools follow dedicated? This was a mistake.
Dedicatedpool was online before anyone else could even sync, the nodes were not reachable and yet the pool operator decided to go with the launch. This has nothing to do with having bigger hashrate but rather with being dishonest and not waiting for nodes to be online. Read the thread right after the launch, no one was able to sync but somehow dedicated started to mine immediately. For mechanical reasons dedicatedpool blockchain became longer as it was launched before anyone else could connect to the network. As a result - dev lost his premine.
I believe dev wasn't aware of any problems at the beginning as he was on non-dedicatedpool chain and he didn't see any problems (his premine was in place and everything seemed ok from his point of view). It is not dev's fault, it is the fault of dedicatedpool who was in a rush to take as much network hashrate as possible and launched his pool before the nodes were up.

I'm sorry if that were even true it means that the developer didn't do what they were supposed to and actually premine the premine.  Also if dedicated took the premine block they would have a hell of a lot more than 250K coins.  Please stop defending the developer.  If they were stupid enough to allow dedicated to start when they hadn't premined then they are too clueless to run a coin.
It is even worse than this - 250k premine block mined on dedicated was dumped on the exchange. People were scammed...1.6BTC
Dev made a mistake by looking at dedicatedpool's chain network hashrate, probably he was happy with the size of the network without actually realizing that his premine was scammed.
Soul_eater_123 why are you defending dedicatedpool? They are the culprit of this scam and failed launch. They have more experience in coin launches than any dev in crypto and they definitely knew what was going on. Nonetheless, binaryclock was reassuring everyone that dedicatedpool is on the correct blockchain - this is selfish and reckless behavior from someone who is supposed to be the most experienced person.

Dev(s) don't learn very fast: NEVER EVER GIVE THE SOURCE IN ADVANCE  Grin
It happens all the time, why in the hell didn't he cancel the launch ?
oh well not my premine after all  Grin
legendary
Activity: 952
Merit: 1000
I'm sorry if that were even true it means that the developer didn't do what they were supposed to and actually premine the premine.  Also if dedicated took the premine block they would have a hell of a lot more than 250K coins.  Please stop defending the developer.  If they were stupid enough to allow dedicated to start when they hadn't premined then they are too clueless to run a coin.

Soul_eater, 250K is exactly the 2.5% premine at 10mil coins.  You are saying other misleading things as well.

Actually the premine would be in the first block.  Dedicated mined a lot more than just one block.  So actually get your facts straight.  Anyway I'm not here to defend dedicated.  You are free too take it up with them and if you want to blindly go on trusting the developer and saying this is the fault the one pool that seemed to be getting things right then that is up to you.  I have already wasted enough on this fiasco.  Some people just can't see the truth if it is staring them in the face.
Blocks 1 and 2 were supposed to be part of the premine, I suppose. Block 1 with 1 coin reward as a test block and block 2 with 250k coins reward. Both blocks were mined by dedicatedpool. If you look at alternative chain, the one that should be the correct chain and the one that you can get by deleting dedicatedpool's chain and syncing again you would see that blocks 1 and 2 had one transaction each with transaction ids:
7e8e940921208a2632562d121891a2ae91f09d56628f3b982eb55c6cba6ba666
c5ca2717740dc4054d8a0b068b1a29f176fa33a04b2f3b7ce4b8a561257248ed
the recipient address for both of these transactions is: LiYzgezkovGYve8dk1g8ifxochXEBTWanB
Which, I believe, is the dev's premine address. This blockchain is rougly 110 blocks behind dedicatedpool's chain.
sr. member
Activity: 462
Merit: 250
I'm sorry if that were even true it means that the developer didn't do what they were supposed to and actually premine the premine.  Also if dedicated took the premine block they would have a hell of a lot more than 250K coins.  Please stop defending the developer.  If they were stupid enough to allow dedicated to start when they hadn't premined then they are too clueless to run a coin.

Soul_eater, 250K is exactly the 2.5% premine at 10mil coins.  You are saying other misleading things as well.

Actually the premine would be in the first block.  Dedicated mined a lot more than just one block.  So actually get your facts straight.  Anyway I'm not here to defend dedicated.  You are free too take it up with them and if you want to blindly go on trusting the developer and saying this is the fault the one pool that seemed to be getting things right then that is up to you.  I have already wasted enough on this fiasco.  Some people just can't see the truth if it is staring them in the face.
Blocks 1 and 2 were supposed to be part of the premine, I suppose. Block 1 with 1 coin reward as a test block and block 2 with 250k coins reward. Both blocks were mined by dedicatedpool. If you look at alternative chain, the one that should be the correct chain and the one that you can get by deleting dedicatedpool's chain and syncing again you would see that blocks 1 and 2 had one transaction each with transaction ids:
7e8e940921208a2632562d121891a2ae91f09d56628f3b982eb55c6cba6ba666
c5ca2717740dc4054d8a0b068b1a29f176fa33a04b2f3b7ce4b8a561257248ed
the recipient address for both of these transactions is: LiYzgezkovGYve8dk1g8ifxochXEBTWanB
Which, I believe, is the dev's premine address. This blockchain is rougly 110 blocks behind dedicatedpool's chain.
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